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Joby, Toyota
Toyota pours another $500M into electric air taxi startup Joby Aviation
Toyota is doubling down on Joby Aviation with a $500 million investment into the California-based company that's developing electric air taxis. Toyota's
Toyota boosts its investment in air taxi company Joby Aviation by another $500 million
Toyota is investing another $500 million in Joby Aviation as part of a partnership aimed at helping get the American air taxi company's commercial business off the ground. Toyota's investment will be used to support certification and production of Joby's electric air taxi,
Toyota makes another $500M investment in Joby Aviation
Shares of Joby Aviation (NYSE:JOBY) were launched more than 20% higher in Wednesday’s premarket trading thanks to another $500M investment by Japanese carmaker Toyota Motor Corp (NYSE:TM). The investment will enable Joby (JOBY) to expand its commercialization of an electric air taxi and bring Toyota’s (TM) total investment in Joby (JOBY) to $894M.
Aviation Week
20h
Toyota Boosts Investment In Joby By $500M To Support Electric Air Taxi
Japanese automaker Toyota has agreed to invest an additional $500 million in Joby Aviation, with the funding to support ...
Flying
12h
Electric Air Taxi Firm Joby Announces $500M Investment From Toyota
As part of the investment, Toyota plans to support Joby with commercial manufacturing and certification support.
15h
Toyota boosts investment in Santa Cruz air taxi company Joby Aviation by $500M
Toyota is investing another $500 million in Joby Aviation as part of a partnership aimed at helping get the American air taxi ...
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